CAIC Holding Company Inc. announced it began offering surety coverages in Texas through its wholly owned subsidiary, Commercial Alliance Insurance Company (CAIC), effective Oct. 1, 2007.
Sterling Emens III was appointed vice president of CAIC to head up the new surety division. Emens, a 27-year veteran of the surety industry, most recently served as the senior underwriter for United Fire Group where he was responsible for producing and managing the surety program within Texas, Louisiana and Mississippi.
Emens gained his underwriting and management experience with a number of nationwide surety markets including, The Trinity Companies, The St. Paul, Universal Surety of America, Western Surety, CNA and Texas Bonding Company (ACIC).
CAIC Surety initially will specialize in small contract surety bonds in Texas.
Commercial Alliance Insurance Company is a Texas domiciled company that specializes in writing non-resident (Mexico), private passenger and commercial automobile insurance since 1998
Source: CAIC, www.caicsurety.com, www.caicseguros.com
Topics Texas New Markets
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